Employee Motivational Strategies Essay Example | Topics and Well Written Essays - 1750 words

Employee Motivational Strategies - Essay Example Add that to the fact that sometimes, employees think that the compensation that they receive on a monthly basis (or maybe even more frequently, depending on the agreement between the employee and the employer) is just enough or maybe even not enough for their daily needs. Most companies have perceived this problem, realizing that manpower or more specifically the employees themselves are their most important resource. Employers also have realized that like any other resource, manpower should be continually replenished or renewed in terms of loyalty, trust and overall satisfaction from the work they are currently employed in. The concept of employee motivation comes into mind, wherein the company adapts certain policies that will motivate their employees so that they will remain not only financially satisfied but also emotionally, physically and mentally contented. The introduction of fun in the workplace is a welcome idea, and many companies are jumping on this idea for the improveme nt of their employees. Employee motivation techniques are now most often done in many forms in modern workplaces and usually revolve around the concept of rewarding satisfactory effort with the appropriate reward or set of rewards that are given either immediately or at a designated time depending on certain situations. Employee motivation is a new keyword today that states that employees have the need to be motivated and satisfied in order to maintain their level of work and positive attitudes towards the company. This topic is very significant and very much applicable in today's high-stress work environment, as it sees that employees as a very important resource that needs to be nurtured and developed. The relationship between the employer and their employees are also discussed as well as their parts in the creation of solutions pertaining to employee motivation and satisfaction. There are several theories and methods of employee motivation discussed herein, as well as recommendations on how to implement employee motivation methods and improvement of the said system if it is already implemented in the workplace. Employer and employee relationships A very fine line exists between the employer(s) and the employee. One thing for certain is that the employer is the employee's superior and the employee must comply with the work that his or her employer demands. With this, it can be thought of that the employee is bound to the service of his or her employer within the contract that they have agreed between themselves. This is not unlike the relationship between master and slave of yesteryears, in which the slave is not just bound to its master's service but also treated as that person's property. Times have changed and so do employee rights. Treating employees like slaves would not do an employer any good, and this has been shown with the creation of employee rights and privileges laid down upon each country's constitution. One of the basic tenets of this is the provision of salaries to the employee by their employer according to the existing minimum wage rates. Other benefits such as health benefits, bonuses and other financial an d non-financial perks may or may not be given again depending on the agreement set upon between the emplo